Does capitalism kill? Post-Vatican II papal perspectives on development

College

College of Liberal Arts

Department/Unit

Theology and Religious Education

Document Type

Article

Source Title

Louvain Studies

Volume

42

Issue

1

First Page

65

Last Page

85

Publication Date

1-1-2019

Abstract

This essay argues that within the context of increasing global inequality, climate change, and limits to growth, there has been a movement from Paul VI's Populorum progressio and in the succeeding Papal teachings toward a new way of understanding development in an economic model beyond neo-liberal capitalism. For them economic growth and the market economy remain important though the latter must be regulated in order to protect the common good. Pope Francis, however, has gone further than the previous popes in his strong criticism of the capitalist system, his signaling the need to delink development from economic growth, and his appreciation of the role of popular movements in line with Populorum progressio's stress on the importance of people's participation. © 2019 by Louvain Studies, all rights reserved.

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Digitial Object Identifier (DOI)

10.2143/LS.42.1.3286080

Disciplines

Growth and Development | Religion

Keywords

Capitalism—Religious aspects—Catholic Church; Economic development—Religious aspects—Catholic Church; Church and social problems—Catholic Church

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